IN RE Vs. AVIKIRAN SOLAR INDIA PRIVATE LIMITED

JUDGEMENT

(1.) The Petitioners Company has filed this application u/s 441 of the Companies Act, 2013 praying for compounding of the offence u/s 146 of the Companies Act, 2013 Act having defaulted in sending notice of EGM to the Statutory Auditor of the Company held on 23.06.2016.

(2.) As per provisions of Section 146 of the Companies Act, 2013;

(3.) The aforesaid offence is punishable u/s 147 of the Companies Act, 2013. Accordingly, RoC has recommended the fine as Rs. 5,00,000/-(Maximum) for the financial year 2016-2017.